Titan Engineering & Automation Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 47.05 Cr
- Company Age 10 Year, 1 Day
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 225.00 Cr
- Satisfied Charges ₹ 100.00 Cr
- Revenue Growth 8.35%
- Profit Growth -48.42%
- Ebitda -34.39%
- Net Worth -2.04%
- Total Assets 7.19%
About Titan Engineering & Automation
Titan Engineering & Automation Limited (TEAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 March 2015 and has a history of Ten years. Its registered office is in Krishnagiri, Tamil Nadu, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 47.05 Cr.
The company currently has active open charges totaling ₹225.00 Cr. The company has closed loans amounting to ₹100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Titan Engineering & Automation Limited India are Balamurugan Balasubramanian as CFO and Sagiga Gokul as Company Secretary. Ashok Sonthalia, Sridhar Neelakanthan, Kailasanathan Narayan, and Four other members serve as directors at the Company.
Company Details
- Location
Krishnagiri, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U33111TZ2015PLC021232
- Company No.
021232
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Mar 2015
- Date of AGM
31 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Information Technology
What products or services does Titan Engineering & Automation Limited offer?
Titan Engineering & Automation Limited offers a wide range of products and services, including Optical, Laser Instruments & Devices, Visual Inspection Equipment, Testing & Measuring Equipments, Test Rig.
Titan Engineering & Automation Limited
Explore comprehensive data for Titan Engineering & Automation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Titan Engineering & Automation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridhar Neelakanthan  | Managing Director | 01-Aug-2024 | Current |
| Balamurugan Balasubramanian | CFO | 28-Apr-2023 | Current |
| Sagiga Gokul | Company Secretary | 07-Nov-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramanyam Gopal | Director | 01-May-2024 | Current |
| Ashok Sonthalia | Director | 27-Apr-2021 | Current |
| Kailasanathan Narayan | Director | 03-May-2017 | Current |
| Venkataraman Coimbatore | Director | 12-Jul-2019 | Current |
| Suparna Mitra | Director | 12-Jul-2019 | Current |
| Sanjeev Sharma | Director | 31-Oct-2022 | Current |
Financial Performance of Titan Engineering & Automation.
Titan Engineering & Automation Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.35% increase. The company also saw a substantial fall in profitability, with a 48.42% decrease in profit. The company's net worth dipped by a decrease of 2.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Titan Engineering & Automation?
In 2022, Titan Engineering & Automation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Titan Company LimitedVenkataraman Coimbatore is a mutual person
Skf India LimitedSubramanyam Gopal is a mutual person
Mercy For Animals India FoundationVenkataraman Coimbatore is a mutual person
Abb India LimitedSanjeev Sharma is a mutual person
Abb Global Industries And Services Private LimitedSanjeev Sharma is a mutual person
- Abb Business Services Private Limited
Sanjeev Sharma is a mutual person
Charges (Loans)
Open Charges
₹225.00 Cr
Satisfied Charges
₹100.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 115.00 Cr
- Others : 110.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2023 | Others | ₹110.00 Cr | Open |
| 23 May 2023 | Axis Bank Limited | ₹115.00 Cr | Open |
| 24 Nov 2017 | Canara Bank | ₹15.00 Cr | Satisfied |
| 19 Aug 2017 | Standard Chartered Bank | ₹85.00 Cr | Satisfied |
How Many Employees Work at Titan Engineering & Automation?
Titan Engineering & Automation has a workforce of 1130 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Titan Engineering & Automation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Titan Engineering & Automation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Titan Engineering & Automation
Recent activity within the organization
- Director Appointment
Sridhar Neelakanthan was appointed as a Managing Director was appointed as a Managing Director on 01 Aug 2024 & has been associated with this company since 7 months 23 days .
- Annual General Meeting
Titan Engineering & Automation Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.
- Director Appointment
Subramanyam Gopal was appointed as a Director was appointed as a Director on 01 May 2024 & has been associated with this company since 10 months 23 days .
- Balance Sheet
Titan Engineering & Automation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Others amounted to Rs. 110.00 Cr with Charge ID 100798677 was registered on 27 Sep 2023.
- Charges
A charge with Axis Bank Limited of Rs. 115.00 Cr registered on 23 May 2023 with Charge ID 100725104 was modified on 21 Jul 2023.
Recent News, Updates & Announcement
- Tamannaah Bhatia raises the fashion bar in a stylish teal green cut-out dress.
Tamannaah Bhatia turns up the heat with her latest photoshoot..
- Titan Q3 Results: Net profit rises 9% YoY to Rs 1,040 crore, misses estimates.
Titan reported a 9% YoY growth in standalone net profit at Rs 1,040 crore in Q3. Revenue from operations increased by 20% YoY to Rs 13,052 crore. EBIT for the quarter grew 11% YoY to Rs 1,478 crore. EBIT margins declined 116 basis points to 11.3%. Total income from the jewellery business rose 23% to Rs 11,709 crore..
Frequently asked questions
What is the Incorporation or founding date of Titan Engineering & Automation Limited?
Titan Engineering & Automation Limited was incorporated on 24 Mar 2015.
What is authorized share capital and paid-up capital of Titan Engineering & Automation Limited?
The authorized share capital of Titan Engineering & Automation Limited is ₹ 60.00 Cr and paid-up capital is ₹ 47.05 Cr.
Who are the current board members & directors of Titan Engineering & Automation Limited?
Currently 9 directors are associated with Titan Engineering & Automation Limited.
- Ashok Kumar Sonthalia
- Sridhar Neelakanthan
- Kailasanathan Narayan
- Venkataraman Krishnamurthy Coimbatore
- Subramanyam Gopal
- Suparna Mitra
- Sanjeev Sharma
- Balamurugan Balasubramanian
- Sagiga Prassannakumari Gokul
What is the registered address of Titan Engineering & Automation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Titan Engineering & Automation Limited is Unit-Ii No.141 S. Muduganapalli Village Denkanikottai Road, India, Hosur, Tamil Nadu, 635110.
What is the corporate identification number (CIN) and company number of Titan Engineering & Automation Limited?
The corporate identification number (CIN) of Titan Engineering & Automation Limited is U33111TZ2015PLC021232 and the company number is 021232 as per Ministry of Corporate Affairs (MCA).
What is the official website of Titan Engineering & Automation Limited?
The Official website of Titan Engineering & Automation Limited is https://www.titanteal.com
What has been the recent revenue trend for Titan Engineering & Automation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Titan Engineering & Automation Limited has risen by 8.35%.
How many employees does Titan Engineering & Automation Limited currently have?
As Per 2022 financial reports, 1130 employees are currently employed by Titan Engineering & Automation Limited.
What change has been observed in the net worth of Titan Engineering & Automation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Titan Engineering & Automation Limited has experienced an downturn of -2.04%.
What are the total open charges for Titan Engineering & Automation Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Titan Engineering & Automation Limited amount to ₹ 225.00 Cr.
When was the last Balance Sheet of Titan Engineering & Automation Limited filed with the ROC?
The most recent Balance Sheet for Titan Engineering & Automation Limited was filed with the ROC on 31 Mar 2024.
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